Rail Vikas Nigam Limited (RVNL) has been awarded a significant contract by the South East Central Railway. The contract, valued at ₹221,33,11,931.64, involves the replacement of panel interlocking with electronic interlocking, along with the installation of all indoor and outdoor gears, optical fibre cable (OFC) huts, and the construction and electrification of signal and telecommunication (S&T) service buildings. This project will cover various stations in the Bilaspur Division, including BSPR, KLPG, ABKP, MZH, HRV, PRDL, KTMA, BJRI, KJZ, MDGR, CHRM, GTK, KLTR, PLAU, and KBS.
The contract is part of the normal business operations of RVNL and is structured as an Engineering, Procurement, and Construction (EPC) project. It is expected to be completed within a timeframe of 730 days. The project is entirely domestic, with no involvement of international entities.
There are no related party transactions involved in this contract, and the promoter or promoter group of RVNL does not hold any interest in the awarding entity.
Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).